Mining

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum.

Kowala, an under-the-radar stablecoin based in Nashville, Tennessee, is being integrated into Ledger’s hardware wallets.

The crypto industry has scored another first, as a junior U.S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state.

Bitcoin Magazine’s Week in Review for week of August 25th, 2018

Norwegian bitcoin miner Kryptovault is facing a shutdown of its operations due to extensive noise complaints from locals and a lack of proper paperwork.

King is focusing his energies as a member of GEAR’s Advisory Board, helping the small startup, still in incubation, to raise funds for the development of green mining technology.

The idea of “green crypto” is not a misnomer. There are initiatives out there that encourage more responsible cryptocurrency mining.

With the sheer number of cryptocurrencies available to mine, cryptomining malware is becoming a popular choice for attackers.

Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away.

Since the report’s publication, many leaders in the crypto community have argued that the BIS is incorrect in much of what it seems to state as fact.